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Strategies & Market Trends : Value Investing

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To: blankmind who wrote (13473)12/23/2001 9:35:12 PM
From: rjm2  Read Replies (2) of 78691
 
What bothers me is the news has been out for some time regarding the strategic alternatives and the stock still sells at such a discount.
Plus the burn rate. Plus, no insider buying of significance.

But...28-Sep-01 COLLEY, GREG
Officer and Treasurer * 1,000
SOFN Purchased at $1.49/Share.
Cost of $1,490.
25-Sep-01 COLLEY, GREG
Officer and Treasurer * 1,000
SOFN Purchased at $1.60/Share.
Cost of $1,600.
21-Sep-01 COLLEY, GREG
Officer and Treasurer * 1,600
SOFN Purchased at $1.50 -- $1.55/Share.
Cost of $2,415.

I might see if tax loss selling brings these shares down a bit and then nibble. Think they will see $1.50 this year ?

I havent followed this company. Did buy some ASCX and its doubled in short order. Just didnt buy enough.

Love this quote from the yahoo board..."It's amazing that after 9 months of "work" Bear Stearns is basically running a classified ad. Maybe the company should be auctioned on Ebay." !
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